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Zero Hedge 10/21/2019 06:46
Pound Rallies As Johnson Pushes For Monday Vote On Brexit Deal. After to delay a vote on Boris Johnson's Brexit deal, forcing Johnson to ask the EU for another delay, the PM is preparing to try again on Monday and put the deal to another vote in the House of Commons in an attempt to win lawmakers’ support for the deal he struck with the EU , reports. The pound rallied on Monday, breaking above $1.30, amid growing optimism that Johnson had enough support to push his agreement through the Commons. Johnson’s plan to hold a second vote could founder should Commons Speaker John Bercow decide to rule against the PM and claim the vote cannot go forward due to procedural rules.
Zero Hedge 10/21/2019 05:38
Beijing Demands $2.4BN In Sanctions Against US Over Obama-Era WTO Complaint. In an unrelated case before the WTO that dates back to the Obama era and has nothing to do with the US-China trade beef, Beijing is seeking $2.4 billion in retaliatory sanctions against the US for non-compliance with a WTO ruling, Reuters reports. A WTO appeals judge ruled back in July that the US hasn't complied with a demand to remove sanctions on solar panels, wind towers, steel cylinders and aluminum extrusions.
Zero Hedge 10/21/2019 05:00
Johnson To Pursue Emergency Debate, EU Waits. The EU will wait for UK debate before offering an extension. Meanwhile, Johnson will seek a meaningful vote. Brussels Refuses to be Dragged Into UK Debate. Not wanting tobe gragged into UK politics, the EU will wait until MPs debate the Brexit deal to . EU ambassadors agreed on Sunday morning that the withdrawal agreement would be sent to the European parliament on Monday. MEPs could vote on it on Thursday if the Commons has given its approval by then. The bloc’s chief negotiator, Michel Barnier, said when leaving the Sunday morning meeting with ambassadors that the EU’s ratification process was continuing as “normal”. The European council’s president, Donald Tusk, will spend until Tuesday consult.
Zero Hedge 10/21/2019 04:15
Merkel Admits German Multiculturalism Has "Utterly Failed". German Chancellor Angela Merkel says her attempt to create a multicultural society has "utterly failed," and that too little had been required of immigrants who refuse to integrate into German culture. Merkel told an audience of young members of her Christian Democrats (CDU) that allowing people of differing cultural backgrounds to live side by side without such integration was a huge mistake, according to , which notes that approximately four million Muslims live in the country. " This (multicultural) approach has failed, utterly failed ," said Merkel during the meeting in Potsdam, south of Berlin. Merkel faces pressure from within her CDU to take a tougher line on immigrants who d.
Zero Hedge 10/21/2019 03:30
Oil, Military, And Nuclear Tech: Russia's Influence In Africa. Virtually all great powers have set their eyes on Africa as the continent’s global importance grows. Its population is set to double by 2050 and its economy is expected to expand significantly alongside its energy consumption. It is these projections that have driven Russia to invest heavily in strong relations in the region for when the continent’s explosive growth takes off. The Kremlin’s goal is to emulate China’s success in fostering economic, diplomatic, and military links with Africa. To become an important partner, Moscow is organizing the first-ever Russia-Africa summit on 23-24 October. Sochi, Russia’s de facto capital after Moscow, will host the summit where Egypt’s Pre.
Zero Hedge 10/21/2019 02:45
First Time Since 1934 - Hitler's "Mein Kampf" To Be Reprinted In France. Bridgewater founder Ray Dalio continues to pitch the idea that the global business cycle is headed for economic doom, sort of like what happened in the 1930s. Dalio warns of populism and nationalism spreading throughout the world and is most analogous to the years before World War II. History seldom repeats, but there are instances where it rhymes -- and maybe Dalio is right about the direction the world is headed. As the rise of nationalism and populism flourishes throughout Europe, several reports, mostly from French sources, say for the first time since 1934, a publisher in France will start selling "Mein Kampf" ("My Fight"), the book written by Adolf Hitler in 1925.
Zero Hedge 10/21/2019 02:00
Brexit: Parliament Tethers Britain To A Failing Experiment. Europe is crumbling, & Britain’s elite desperately want to be part of the wreckage... Brexit isn’t going to happen. Left or Right – Lexit or Rexit – it’s over. It’s time to make peace with that idea. Penned in by the absurd Benn Act, No Deal is off the table, which means Britain will be forced to either remain or accept a deal that’s Remain by another name. The Letwin Ammendment and Johnson’s unsigned extension request are just morbid theatre. Unneccasary nails in a well-sealed coffin. It’s all very Weekend at Bernies’ – A lame cast of characters, puppeteering Brexit’s corpse to keep up a tired joke that was never funny to begin with. Parliament has become an absurd pantomime, where.
Zero Hedge 10/20/2019 23:45
The American Deep State Would Sooner Sacrifice The Republic Than Lose Again To Donald Trump. You’d really think the American people would have caught on by now. No sooner did Russiagate fizzle out like a wet firecracker did the Democrats, completely indifferent to the dire consequences, toss another incendiary into the public square. Sooner or later something has got to blow, and maybe it already did. As Americans experience the brutal whiplash of going from the Mueller probe to presidential impeachment in a matter of days, all pretensions of democratic procedure to guide the show trial have been tossed from the clown car. With the boot-licking media to back their every whim and fancy, the Democrats are dragging the Republic to the brink of
Zero Hedge 10/20/2019 23:20
Hong Kong Property Prices Plunge For 8 Straight Weeks. A new report from , a research firm providing private data on the property market in Hong Kong, has shown property prices are experiencing their worst downturns since late last year during the global growth scare, which sent global equity markets crashing. Centaline's report said property prices in the city have plunged for eight straight weeks, mostly tied to an extreme economic deceleration in the region as macroeconomic headwinds continue to increase. The Central Plains City Index (CCL) is a monthly leading index that tracks property prices in Hong Kong.
Zero Hedge 10/20/2019 22:55
Winners & Losers In The Failed American Project For A 'New Middle East'. The United States of America emerged victorious from the Second World War, and came out stronger than any other country in the world. The allies- notably the Soviet Union- won the war but emerged much weaker. They needed to reconstruct their countries and rebuild their economies, with the US demanding huge retrospective for its support. The US became a superpower with nuclear bomb capability and an imposing power of dominance. Industrial countries rebuilt in what the Germans called their and the French , the thirty years of post-war prosperity. Meanwhile the US leveraged its prosperity to spread its hegemony around the world. US power was enhanced with the beginning of
Zero Hedge 10/20/2019 22:30
Elon Musk Has Officially Pissed Off Pablo Escobar's Brother. In what is just another normal day of business for the circus over at Tesla, Roberto Escobar, former accountant to his druglord brother Pablo, has now vowed to "take down" Elon Musk , according to . The animosity stems from the allegation that Musk stole the idea for his "Not-A-Flamethrower" from Escobar during a visit to the Escobar compound in the summer of 2017. In January of 2018, Musk's Boring Company released the large blowtorches that are shaped like guns.
Zero Hedge 10/20/2019 22:05
"Russian Asset" Is A Meaningless Noise War-Pigs Make With Their Face-Holes. Both and have issued scorching rebukes of Hillary Clinton for baseless accusations the former Secretary of State made during a recent interview claiming that both Gabbard and former Green Party presidential candidate Jill Stein are aligned with the Russian government. "I’m not making any predictions, but I think they’ve got their eye on somebody who is currently in the Democratic primary and are grooming her to be the third-party candidate," Clinton in a transparent reference to Gabbard. "She’s the favorite of the Russians.
Zero Hedge 10/20/2019 20:50
New Study Shows Humans Think More Efficiently When A Robot Stands Nearby And Insults Them. A performed by the American Association for the Advancement of science found that the presence of a "threatening humanoid robot" nearby can actually help improve human cognitive performance. The study set out to learn more about how the presence of humanoid robots would affect human cognition.
Zero Hedge 10/20/2019 20:25
The Real Climate Debate. The real climate debate is not between "believers" and "deniers". And not between Republicans and Democrats. The real debate is certainly not over whether global warming, spurred by increasing greenhouse gases, is a serious problem that must be addressed.
Zero Hedge 10/20/2019 20:00
Americans Need To Earn $500,000 A Year To Qualify For The '1%'. If you're an American, and you want that precious membership card to the '1%' (in terms of annual income, that is, not overall wealth, but we'll get more into that later) you're going to need to work a little bit harder, and earn a little bit more. According to wealth team, the income needed to enter the top 1% of taxpayers was $515,371 in 2017, according to IRS data released this week.
Zero Hedge 10/20/2019 19:35
Democrats Have No Answer For Trump's Anti-War Posture. I hate to say I , but well... as predicted, in the wake of Trump’s commanded military withdrawal from northeast Syria, the once U.S.-backed Kurds with the Assad regime. (And Vice President Mike Pence has now brokered a five-day cease-fire.) Admittedly, Trump the “dealmaker” ought to have brokered something similar before pulling out and before the Turkish Army—and its Sunni Arab —invaded the region and inflicted significant civilian casualties. One must admit that a single phone call between Trump and President Erdogan of Turkey has turned the situation in Syria upside down in just over a week. The Kurds have requested , Russian troops are now between the Kurds and invading Turks, and th.
Zero Hedge 10/20/2019 19:23
Goldman: The Fed Was The Main Driver Of Markets In 2019. Having been repeatedly branded "conspiracy theorists" over the past decade for daring to suggest what was painfully obvious to anyone, we have found it delightfully enjoyable watching as one "expert" after another caved, admitting that when one strips away all the "made for TV" bullet points, all the profound analysis about fundamentals, all the fancy squiggles that pass for technical analysis, and virtually any other theory meant to 'explain' why stocks do this or that, the market's performance has been nothing more than a function of central banks intervention and, increasingly more often, manipulation. And it's not just the past decade that has been a direct function of the Fed's in.

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